BIOMERIEUX - 1H - Technical analysis published on 05/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 98.52 EUR
My targets
101.50 EUR (+1.30%)
102.80 EUR (+2.59%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BIOMERIEUX as long as the price remains well above 98.52 EUR. The buyers' bullish objective is set at 101.50 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 102.80 EUR. If there is any crossing, the next objective would be the resistance located at 105.35 EUR. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
4.3
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by paf333. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BIOMERIEUX rating 100.20 EUR. On the day, this instrument lost -0.50% and was traded between 99.50 EUR and 100.70 EUR over the period. The price is currently at +0.70% from its lowest and -0.50% from its highest.99.50
100.70
100.20
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by BIOMERIEUX:
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of BIOMERIEUX indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Other results related to technical indicators were also found by the Central Indicators scanner:
Price is back under the pivot point
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back under -50
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Near support of channel
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 94.97 | 97.44 | 98.52 | 100.20 | 100.57 | 101.50 | 102.80 |
| Change (%) | -5.22% | -2.75% | -1.68% | - | +0.37% | +1.30% | +2.59% |
| Change | -5.23 | -2.76 | -1.68 | - | +0.37 | +1.30 | +2.60 |
| Level | Major | Intermediate | Intermediate | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 97.97 | 98.63 | 99.67 | 100.33 | 101.37 | 102.03 | 103.07 |
| Camarilla | 100.23 | 100.39 | 100.54 | 100.70 | 100.86 | 101.01 | 101.17 |
| Woodie | 98.15 | 98.73 | 99.85 | 100.43 | 101.55 | 102.13 | 103.25 |
| Fibonacci | 98.63 | 99.28 | 99.68 | 100.33 | 100.98 | 101.38 | 102.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 94.53 | 95.98 | 98.61 | 100.06 | 102.69 | 104.14 | 106.77 |
| Camarilla | 100.13 | 100.50 | 100.88 | 101.25 | 101.62 | 102.00 | 102.37 |
| Woodie | 95.13 | 96.28 | 99.21 | 100.36 | 103.29 | 104.44 | 107.37 |
| Fibonacci | 95.98 | 97.54 | 98.50 | 100.06 | 101.62 | 102.58 | 104.14 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 82.73 | 87.19 | 91.05 | 95.51 | 99.37 | 103.83 | 107.69 |
| Camarilla | 92.61 | 93.38 | 94.14 | 94.90 | 95.66 | 96.43 | 97.19 |
| Woodie | 82.42 | 87.04 | 90.74 | 95.36 | 99.06 | 103.68 | 107.38 |
| Fibonacci | 87.19 | 90.37 | 92.34 | 95.51 | 98.69 | 100.66 | 103.83 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 52.13 | |
| MACD (12,26,9): | 0.3300 | |
| Directional Movement: | -6.44 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 100.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 100.70 | |
| Elder Ray (13): | 0.11 | |
| Super Trend (3,10): | 101.19 | |
| Zig ZAG (10): | 100.10 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 51.52 | |
| TEMA (21): | 100.47 | |
| Williams %R (14): | -63.64 | |
| Chande Momentum Oscillator (20): | -1.35 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.0600 | |
| Courbe Coppock: | 0.43 |
| MA7: | 99.33 | |
| MA20: | 97.23 | |
| MA50: | 97.25 | |
| MA100: | 96.79 | |
| MAexp7: | 100.35 | |
| MAexp20: | 100.12 | |
| MAexp50: | 99.29 | |
| MAexp100: | 98.37 | |
| Price / MA7: | +0.88% | |
| Price / MA20: | +3.05% | |
| Price / MA50: | +3.03% | |
| Price / MA100: | +3.52% | |
| Price / MAexp7: | -0.15% | |
| Price / MAexp20: | +0.08% | |
| Price / MAexp50: | +0.92% | |
| Price / MAexp100: | +1.86% |
Quotes :
-
15 min delayed data
-
Euronext Paris
News
Don't forget to follow the news on BIOMERIEUX. At the time of publication of this analysis, the latest news was as follows:
- Oxford Nanopore and bioMérieux to Enter Into a Strategic Partnership Agreement to Develop Innovative Infectious Disease Diagnostics
- bioMérieux Introduces GENE-UP® ENVIROPRO™
- French multidisciplinary consortium ARPEGE awarded public funding of close to €9 million to fight antibiotic resistance
- Baxter and bioMérieux Announce CE Mark for NEPHROCLEAR™ CCL14 Test to Predict Persistent Severe Acute Kidney Injury
- bioMerieux to Exhibit at SupplySide West 2021 at Mandalay Bay in Las Vegas Oct. 25-28, 2021
This member declared not having a position on this financial instrument or a related financial instrument.
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